GCMAsia - EURUSD

EURUSD
2018-04-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.2345 | H4 |
| Support | 1.2290 | H4 |

EURUSD, H4: EURUSD was traded lower prior retracement from 200-MA line. MACD signal line that portrays a death-cross suggests downside bias for the pair yet a breakout below the 23.6 Fibonacci level and ascending trend line is required to confirm the signal.
Resistance level: 1.2345, 1.2415
Support level: 1.2290, 1.2220